PPP Loan information for Northwestern electric cooperative

$1,200,000

Northwestern electric cooperative was initially approved for PPP Loan of amount $1,200,000, the current approved amount is $1,200,000. The loan was approved on 05/18/2020 by The The Stock Exchange Bank reported 54 jobs and $1,200,000 was used to fund payroll.

Northwestern electric cooperative is Existing or more than 2 years old

NORTHWESTERN ELECTRIC COOPERATIVE

Date Approved

05/18/2020

SBA Office Code

0680

Processing Method

PPP

Borrower Name

NORTHWESTERN ELECTRIC COOPERATIVE

Borrower Address

2925 WILLIAMS AVE P O BOX 2707

Borrower City

WOODWARD

Borrower State

OK

Borrower Zip

73801-6727

Loan Status Date

06/26/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1200000.00

Current Approval Amount

1200000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

59515

Servicing Lender Name

The Stock Exchange Bank

Servicing Lender Address

1117 10th St

Servicing Lender City

WOODWARD

Servicing Lender State

OK

Servicing Lender Zip

73801-3105

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WOODWARD

Project County Name

WOODWARD

Project State

OK

Project Zip

73801-6727

CD

OK-03

Jobs Reported

54

NAICS Code

221122

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1200000.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Cooperative

Originating Lender Location Id

59515

Originating Lender

The Stock Exchange Bank

Originating Lender City

WOODWARD

Originating Lender State

OK

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1212854.79

Forgiveness Date

06/15/2021

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